Speaking at the IMES conference in Japan, Minneapolis Fed President Neel Kashkari addressed the growing internal debate within Fed over how to respond to the inflationary effects of new US tariffs. He noted that some Read more…
Comments from ECB Governing Council members today reinforced expectations for a rate cut in June, as inflation continues to moderate across the Eurozone. French central bank chief François Villeroy de Galhau noted that policy normalization Read more…
Daily Pivots: (S1) 192.96; (P) 193.50; (R1) 194.29; More… Break of 194.18 minor resistance suggests that GBP/JPY’s pullback from 196.38 has completed at 191.867. Intraday bias is back on the upside for 196.38 resistance next. Read more…
Daily Pivots: (S1) 162.04; (P) 162.51; (R1) 163.11; More… Intraday bias in EUR/JPY remains neutral at this point. Above 163.35 minor resistance will suggest that fall from 165.19 has completed as a correction, and rise Read more…
Daily Pivots: (S1) 0.8386; (P) 0.8397; (R1) 0.8407; More… Intraday bias in EUR/GBP remains on the downside at this point. Decline from 0.8737 should target 0.8314 support first, and then 0.8239 low. On the upside, Read more…
Daily Pivots: (S1) 1.7491; (P) 1.7525; (R1) 1.7585; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, firm break of 1.7628 resistance will suggest that fall from 1.8554 as completed as Read more…
Daily Pivots: (S1) 0.9326; (P) 0.9347; (R1) 0.9369; More…. Sideway trading continues in EUR/CHF and intraday bias remains neutral. Price actions from 0.9218 are seen as either a corrective move or the third leg of Read more…
Daily Pivots: (S1) 1.3673; (P) 1.3771; (R1) 1.3832; More… Intraday bias in USD/CAD Is turned neutral first with current recovery, and some consolidations would be seen above 1.3685 temporary low. Upside should be limited well Read more…
Daily Pivots: (S1) 0.6468; (P) 0.6502; (R1) 0.6523; More… AUD/USD retreated after edging higher to 0.6536 and intraday bias is turned neutral again first. Outlook will stay bullish as long as 0.6406 support holds. Break Read more…
Markets The single currency has a new poster girl. ECB President Lagarde picked her moment. In absence of UK and US investors, she pulled maximum attention with a speech on Europe’s role in a fragmented Read more…